115 Washburn Lake Road,Reidsville, NC 27320
Reidsville, NC 27320
Description
Investor Alert! Catfish and Carp Enthusiasts Welcome! Discover a unique opportunity to generate steady income while enjoying a recreational area. This property has easy access to Highway 29 at Exit 149. Washburn Mobile Home Park has 31 rented lots, each generating $300 in monthly income, two requiring new septic systems, potential for 33 rentable lots. Community well with septic systems. Washburn Lake was a cherished fishing & tournament spot from 1947 to its closure in 2021. The lake spans 58.8 acres and features three ponds: an approximately 8-acre catfish lake, a 2-acre pond for carp, and a 1-acre pond for raising. A small building at the large Lake was previously used for selling bait & tackle. The property is outside the Reidsville city limits but within the City's (ETJ). The mobile home park is a grandfathered use, established before local zoning ordinances. If the park is to be expanded, the owner must apply for a special use permit to comply with the latest zoning regulations.
Details
| MLS # | 1181713 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 28 |
| Listing Provided By | CENTURY 21 THE KNOWLES TEAM | Teresa S. Knowles |
Features
| Zoning | RA20R |
|---|---|
| Acreage | 58.80 |
| Water Front | Yes |
Market Activity 27320
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Learn More About This Property
| State | NC |
|---|---|
| County | Rockingham |
| City | Reidsville |
| Zip Code | 27320 |
| Listing VS Median (in 27320) | |
Price: $1,800,000 low | high Med: $259,000 On site: 28 low | high Med: 107.000000 | |
Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
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